The Platinum Card from American Express vs TD Cash Credit Card
Annual fees: The Platinum Card from American Express $895/yr, TD Cash Credit Card $0/yr. Strongest bonus categories: The Platinum Card from American Express on hotels, TD Cash Credit Card on top spend category.
Card data as of November 13, 2026.
The Platinum Card from American ExpressAmerican Express · $895/yr
- TD Cash Credit Card
TD Bank · No annual fee
Overview
- Annual fee
- The Platinum Card from American Express$895TD Cash Credit Card$0Lowest
- Welcome offerCurrent public offer
- The Platinum Card from American ExpressAs high as 175,000 points — offers varyTD Cash Credit Card$200 cash back
- Rewards
- The Platinum Card from American ExpressAmerican Express Membership RewardsTD Cash Credit CardCash back
- Foreign transaction fee
- The Platinum Card from American ExpressNoneLowestTD Cash Credit Card3%
- Network
- The Platinum Card from American ExpressAmerican ExpressTD Cash Credit CardVisa Signature
Earn ratesPer $1 spent · points and cash back aren’t ranked against each other
- Flights
- The Platinum Card from American Express5xTD Cash Credit Card1%
- Dining
- The Platinum Card from American Express1xTD Cash Credit Card3%
- Entertainment
- The Platinum Card from American Express1xTD Cash Credit Card3%
- Gas Stations
- The Platinum Card from American Express1xTD Cash Credit Card3%
- Grocery Stores
- The Platinum Card from American Express1xTD Cash Credit Card3%
- Top Spend Category
- The Platinum Card from American Express1xTD Cash Credit Card3%
- Travel
- The Platinum Card from American Express1xTD Cash Credit Card3%
- Hotels
- The Platinum Card from American Express1xTD Cash Credit Card1%
- Everything else
- The Platinum Card from American Express1xTD Cash Credit Card1%
Statement creditsAs the issuer states them · — means none on record
- Travel
- The Platinum Card from American Express
- $600 lodging credit
- $250 Airbnb Experiences credit
- $219 CLEAR Plus credit
- $200 airline credit
- $120 Global Entry or up to $85 TSA PreCheck / 4 years · $120 every 4 years
TD Cash Credit Card— - Rideshare & transit
- The Platinum Card from American Express
- $200 Uber Cash
- $120 Uber One credit
TD Cash Credit Card— - Dining & delivery
- The Platinum Card from American Express
- $400 Resy credit
TD Cash Credit Card— - Entertainment & streaming
- The Platinum Card from American Express
- $300 streaming credit
TD Cash Credit Card— - Shopping & wellness
- The Platinum Card from American Express
- $300 Equinox credit
- $300 Lululemon credit
- $200 Oura Ring credit
- $155 Walmart+ credit
TD Cash Credit Card—
Perks & access— means none on record
- Lounges
- The Platinum Card from American Express
- Airspace Lounge access at US airports with 2 guests
- 26 Centurion Lounges worldwide with premium dining
- 10 Delta Sky Club visits per year when flying Delta
- Escape Lounge access at US airports with food and beverages
- International Amex Lounges at select global airports
- Global Lounge Collection with 1,550+ airport lounges
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- Lufthansa Business Lounge access on Lufthansa Group
- Plaza Premium Lounge access at airports with Global Lounge
- Priority Pass Select with 1,300+ lounges globally
TD Cash Credit Card— - Hotel status & programs
- The Platinum Card from American Express
- Hilton Gold with 80% bonus points and breakfast
- Leaders Club Sterling Status at Leading Hotels
- Marriott Gold with 25% bonus points and upgrades
- Fine Hotels + Resorts: $100 credits and upgrades
- Hotel Collection access with room upgrades and credits
TD Cash Credit Card- Breakfast for 2, upgrades and VIP status at luxury hotels
- Airline perks
- The Platinum Card from American Express
- Platinum Member Airfares, 10% average premium savings
TD Cash Credit Card— - Car rental
- The Platinum Card from American Express
- Elite status with Hertz, National, Avis for upgrades
TD Cash Credit Card— - Other perks
- The Platinum Card from American Express
- Amex Offers
- 24/7 premium travel assistance with medical transport
- Premium Events Collection™
- Early access to concerts and events
- 24/7 Platinum Concierge for travel and lifestyle help
- Free expedited card replacement in 24-48 hours worldwide
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- Entertainment access with exclusive presales and VIP events
- No foreign transaction fees on international purchases save
- Roadside assistance with up to 4 service calls per year
- Platinum Nights by Resy
- Platinum Travel Service
TD Cash Credit Card- 24/7 Visa Signature Concierge service
- Free ticket + presale at Sofar Sounds concerts
Protections & insuranceLimits where published · — means none on record
- Trip insurance
- The Platinum Card from American Express
- $10,000 trip cancellation coverage per covered trip
- $500 trip delay Cover for delays exceeding 6 hours
TD Cash Credit Card— - Baggage
- The Platinum Card from American Express
- $3,000 baggage insurance for lost or damaged bags
TD Cash Credit Card- Up to $3,000 lost luggage coverage per trip
- Rental car
- The Platinum Card from American Express
- $100,000 primary rental car coverage for $20-$25/rental
- $75,000 car rental loss and damage insurance
TD Cash Credit Card- Car rental benefits
- Purchase & returns
- The Platinum Card from American Express
- $10,000 purchase Cover against theft and damage for 90 days
- $300 return Cover when merchants won't accept returns within
TD Cash Credit Card- $500 per claim on theft or damage
- Extended warranty
- The Platinum Card from American Express
- Extended warranty adds 1 year to warranties under 5 years
TD Cash Credit Card- Extended warranty adds up to 1 year
- Cell phone
- The Platinum Card from American Express
- $800 cell phone protection with $50 deductible
TD Cash Credit Card- Cell phone protection
- Other protections
- The Platinum Card from American Express
- Zero liability protection on fraudulent charges
- Global Assist Hotline with 24/7 emergency help traveling
TD Cash Credit Card- Emergency card replacement
- Roadside Dispatch®
- Travel and emergency assistance services
Pros & cons
- Pros
- The Platinum Card from American Express
- Access to 9 lounge networks including exclusive Centurion Lounges with 2 guests free
- $200/year Uber Cash plus a $120 Uber One membership credit
- $400/year Resy dining credit at select restaurants
- Automatic Marriott Gold and Hilton Gold status with room upgrades and breakfast
- 5X points on flights booked direct or via Amex Travel
TD Cash Credit Card- Customizable categories with 3% on one and 2% on another
- No annual fee
- $200 welcome bonus with $1,000 spend requirement
- 0% intro APR on balance transfers for 15 billing cycles (transfers within the first 90 days) and on purchases for 12 billing cycles
- Cell phone protection included
- Cons
- The Platinum Card from American Express
- $895 annual fee requires significant credit utilization to break even
- Many credits require specific merchants (Resy, Equinox, lululemon, Oura)
- Only 1X points on non-travel purchases limits everyday earning
- Secondary car rental coverage unless paying $24.95/rental for primary
- $195 authorized user fee after first 3 free cards
TD Cash Credit Card- Only available to residents of 16 East Coast states
- 3% foreign transaction fee
- Must remember to optimize category selections
- Only 1% on purchases outside chosen categories
- Regional bank limits branch availability
Category-by-Category Winner
The TD Cash Credit Card wins in 6 of 6 categories. The The Platinum Card from American Express leads in 0. 3 more categories depend on booking channel or caps.
Hotels
Depends: via amextravel
The Platinum Card from American Express earns 5X when conditions are met; TD Cash Credit Card earns 1X (1X without restrictions)
Vacation Rentals
Depends: via issuer travel portal; Link an Airbnb account in your name to your American Express online account and book prepaid through Amex Travel; Airbnb bookings made directly with Airbnb earn 1X.
The Platinum Card from American Express earns 5X when conditions are met; TD Cash Credit Card earns 1X (1X without restrictions)
Flights
Depends: via AmexTravel; up to $500,000/yr
The Platinum Card from American Express earns 5X when conditions are met; TD Cash Credit Card earns 1X (1X without restrictions)
Top Spend Category
TD Cash Credit Card earns 3X vs 1X
Dining
TD Cash Credit Card earns 3X vs 1X
Entertainment
TD Cash Credit Card earns 3X vs 1X
Gas Stations
TD Cash Credit Card earns 3X vs 1X
Grocery Stores
TD Cash Credit Card earns 3X vs 1X
Travel
TD Cash Credit Card earns 3X vs 1X
Year One vs Ongoing Value
Modeled net value (bonus categories at unconditional rates, caps applied). Spend mix: dining 15%, groceries 15%, gas 10%, travel 10%, everything else 50%. Statement credits use the same recurring usable estimates as each card's detail page; first-year-only credits count in year one only. Welcome offers valued at each card's program rate shown on this page.
Close — depends on how much of the credits you use
| Scenario | The Platinum Card from American Express | TD Cash Credit Card | Ongoing winner | Year-one winner |
|---|---|---|---|---|
| Light spender: $1,000/month | Rewards: $180 Credits (our usable estimate): $1,381 − Annual fee ($895) Ongoing: $666 Year one: $666 | Rewards: $240 Credits (our usable estimate): $0 − Annual fee ($0) Ongoing: $240 Year one: $440 | Close — depends on how much of the credits you use | Close — depends on how much of the credits you use |
| Heavy spender: $4,000/month | Rewards: $720 Credits (our usable estimate): $1,381 − Annual fee ($895) Ongoing: $1,206 Year one: $1,206 | Rewards: $960 Credits (our usable estimate): $0 − Annual fee ($0) Ongoing: $960 Year one: $1,160 | Close — depends on how much of the credits you use | Close — depends on how much of the credits you use |
Is the Fee Difference Worth It?
The The Platinum Card from American Express costs $895/yr — that's $895 more than the TD Cash Credit Card (no annual fee). To justify that gap, you need to extract at least $895 in annual value from the card's higher earn rates and benefits.
The The Platinum Card from American Express includes travel credits, dining credits, lounge access, Global Entry/TSA PreCheck credit, complimentary hotel status. Those perks are not included in the earn-rate scenario table above — compare their dollar value to the $895 fee gap for your own usage.
Bottom line: Use the year-one vs ongoing table for modeled earn value at your spend level. The $895 fee gap means the The Platinum Card from American Express needs roughly $895 more in annual rewards (or credits you will use) to break even on hotels and vacation rentals and everyday spend.
What You Give Up
Choosing one card means missing out on these benefits from the other.
Choosing TD Cash Credit Card means losing:
- -Airport lounge access
- -Global Entry credit
Which Card Is Right for You?
Get the The Platinum Card from American Express if you:
- +Fly frequently and value airport lounge access
Get the TD Cash Credit Card if you:
- +Spend $300+/month on restaurants and dining out
- +Do most of your spending at grocery stores
The Bottom Line
Close — depends on how much of the credits you use
Published annual fees: The Platinum Card from American Express $895/yr, TD Cash Credit Card $0/yr — a $895 difference before welcome offers and credits.
Frequently Asked Questions
- Is the The Platinum Card from American Express worth the higher annual fee?
- The The Platinum Card from American Express costs $895/yr vs $0/yr for the TD Cash Credit Card. Compare the year-one vs ongoing value table on this page — the $895 gap must be offset by higher earn rates, welcome offers, or credits you will use (the The Platinum Card from American Express also lists lounge access, travel credits, dining credits).
- Which card earns more rewards, the The Platinum Card from American Express or TD Cash Credit Card?
- Both cards earn 1X on everyday purchases. The difference is in bonus categories — check the earn rate comparison above for a full breakdown.
- What benefits does the The Platinum Card from American Express have that the TD Cash Credit Card doesn't?
- The The Platinum Card from American Express offers lounge access, travel credits, dining credits, cell phone protection. The TD Cash Credit Card offers cell phone protection.
- Should I get the The Platinum Card from American Express or the TD Cash Credit Card?
- Use the spend scenarios on this page: the TD Cash Credit Card has a lower $0/yr fee; the The Platinum Card from American Express must earn enough extra (or offer a larger welcome bonus) to justify $895/yr.
Editorial disclosure: CardRewards.ai is an independent comparison service. Card data comes from issuers' published terms; catalog last published November 13, 2026, and each card page shows when its terms were last checked. Card issuers do not influence our rankings or content.